ICICI Bank Shorting Opportunity Confirmed: Multiple Bearish Sign
The broader market has entered a bearish trend, and ICICI Bank, a less-moved stock compared to other banks, is now showing signs of catching up.
Technical Confirmations:
Entry for Short : 1245-1243 Range (Can Take 1240/1260 PUT Option Current Month Expiry and/or Next Month Expiry to avoid Volatility)
Target : Open/Mentioned.
STOP Loss : 1275/Swing High
How do you find this analysis? Follow for more actionable trade ideas like this!
Happy Trading !!
Technical Confirmations:
- Trendline Break
- Ascending Triangle Breakdown
- Lower Lows
Entry for Short : 1245-1243 Range (Can Take 1240/1260 PUT Option Current Month Expiry and/or Next Month Expiry to avoid Volatility)
Target : Open/Mentioned.
STOP Loss : 1275/Swing High
How do you find this analysis? Follow for more actionable trade ideas like this!
Happy Trading !!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.